Standard Tax Deduction 2025 Single Over 65. 2025 alternative minimum tax(amt) exemption amounts The irs allows every taxpayer, based on your filing status, to deduct a flat dollar amount from your adjusted gross income (agi).

Discover how the extra standard deduction for those 65 and older can lower your taxable income. For 2025, the irs has adjusted the standard deduction amounts for all taxpayers to account for inflation: